Diddy marked an important victory these days. Check out the latest reports revealed by The Shade Room below.
TSR notes that ‘years after his iconic fashion brand found itself in the hands of someone else, #Diddy is now bringing #SeanJohn back home and is set to pay millions to do so. According to new reports, Diddy recently won a bidding war to buy back his fashion brand Sean John—for a reported $7.5 million.’
‘@Billboard reports, Diddy got some very good news courtesy of the Manhattan federal bankruptcy court, as he has now officially won the bidding war to buy back his legendary fashion brand Sean John from the previous owner Global Brands Group, that is now bankrupt. Diddy (through his company SLC Fashion LLC) is set to once again be the sole owner of Sean John by purchasing it for $7.5 million after coming out on top over other bidders,’ TSR said.
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Speaking about the exciting news, Diddy said via a statement: ‘I launched Sean John in 1998 with the goal of building a premium brand that shattered tradition and introduced hip-hop to high fashion on a global scale.’
Someone said: ‘Ayyyyyyeeee considering how much he sold it for, he did good with that buy.’
A commenter posetd this: ‘This is amazing. This brand was so dope during my HS days , class of 2001, and college too.’
A fan said: ‘I remember when Sean John and Rocawear was the vibes, I probably won’t wear it again but I respect the hustle,’ and a commenter posetd this: ‘Those Sean John velour track suits were everything back in the day!’
A commenter said: ‘He can get all the Sean John left in the world n ain’t worth 7.5,’ and a follower posted this: ‘Who tf still wears Sean John he should have left that shit were it was at the pass.’
‘Okay!! #YungMiami is doing it for the ‘gram tuh-night and #Diddy stopped by her comment section showing love! (SWIPE)’ The Shade Room said.
Someone said: ‘Diddy ain’t the Suga Daddy she wants run Young Miami run,’ and a follower said: ‘They like to pop up when they see you doing good without em.’